BUZZ - McDonald's third-quarter profit exceeds expectations, stock rises

November 4 - ** McDonald’s (MCD.N) shares rose about 2% in pre-market trading to $267.64

** The fast food giant’s third-quarter profit beat expectations, but (link) reported that its U.S. sales fell more than expected as cash-strapped consumers dined out less often

** Third-quarter adjusted earnings per share rose to $3.57, higher than the expected $3.38

** U.S. same-store sales declined 0.2%, compared to a 2.4% increase a year earlier; according to data compiled by LSEG, analysts on average expected a 0.12% decrease

** Third-quarter revenue was $7.16 billion, missing the expected $7.29 billion

** As of the previous trading day’s close, the stock had gained about 14% year to date

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